Investing: Where to get started in your research

RBC Direct Investing Inc
|
April 24, 2020

This article was originally published by our partners at RBC Direct Investing Inc. To see the original post click here.

It's hard to imagine, in this digital age, not doing some kind of research before making a decision. After all, research is at our fingertips for almost everything. It's no different for investing decisions.

RBC Direct Investing has a wealth of online investing resources to help you with your decisions. Let's take a look at some of the research options you'll find on the RBC Direct Investing site.

Detailed Quotes

If you've narrowed down your search and know a specific name, symbol or keyword you want to search, a great place to start is with a detailed quote. The search box at the top right corner of any page will get you to a detailed quote page, where you'll find valuable price information, charts, ratios, news, commentary and more related to the security you're interested in. You'll find out more about detailed quotes in the next section of this guide, and you can check out the Watch How to Read a Stock Quote video for navigation tips.

Insights & Commentary

Now let's say you're interested in research in general — things like how the markets are doing, what (or who) is making news, what analysts are saying or what economists are focused on. The Research Centre tab on the RBC Direct Investing site brings you all of that, and more.

Here's a snapshot of what you'll find:

  • Market Commentary — You'll get daily commentary from RBC analysts and economists, global investment forecasts from RBC Global Asset Management investment professionals and analyst reports on Canadian and U.S. companies from research firm Morningstar. You'll also find Morningstar Pick Lists, where analysts have grouped their top investment suggestions into convenient lists. Plus, you'll find a list of recent analyst upgrades and downgrades.
  • Markets Overview — This is your one-stop market information hub. Check out what's going on with the stock exchange indices you follow, such as the S&P/TSX Composite Index, S&P 500, Nasdaq, Dow Jones and more. You can also stay in tune with market news, economics, top performing industries and upcoming events such as when companies are expected to report earnings and dividends.
  • Sectors & Industries — This is your source for sector performance rankings and analysis, with top and bottom sectors in the U.S. and Canada ranked over the previous five business days.
  • Earnings & Events Calendar — Here's where you'll find an extensive calendar of Canadian and U.S. earnings release dates, dividend announcements and economic events.
  • News & Headlines — This is where you'll find breaking news from Reuters‡ and links to current press releases from BusinessWire, PR Newswire and many more. You can also browse a long list of top stories, which you can filter by a number of categories, including bankruptcy proceedings, initial public offerings or mergers and acquisitions.

Screeners

RBC Direct Investing offers screeners for stocks, mutual funds and exchange-traded funds (ETFs) to help you narrow your search for securities. Screeners allow you to search based on criteria that are important to you.

There are a few ways to use screeners. First, you can select and set your own criteria, choosing from up to 40 criteria to help you find the stock, mutual fund or ETF that fits your investment needs.

You can also choose from a number of predefined screeners, such as: Morningstar's Best (long-term sustainable companies rated 5 stars by Morningstar); Slow and Steady Wins the Race (companies that have exhibited strong stewardship or corporate responsibility to shareholders); Growth Stocks; Value Stocks and many more.

Lifestyle Screeners, developed by Morningstar, can also help you find, filter and research potential investments according to your lifestyle and interests. Are you a tech junkie? Do you have a passion for fashion? Lifestyle Screeners offer you the following seven theme-based categories:

  • Passion for Food
  • Sport & Fitness
  • Fashion
  • Health & Home
  • Technology & Gadgets
  • Travel & Leisure
  • Music, Movies & Gaming

Tools

The RBC Direct Investing site offers a number of tools to help with your research and planning:

Calculators — You'll find calculators for pre-authorized contributions, RRSP savings and retirement cash flow.

Analyze & Rebalance Tool — You can use this to analyze your portfolio's mix of cash, fixed income and Canadian, U.S. and international equities. You can also analyze your sector and regional exposures.

Goal Setting Tool — Here you can work through all of the variables of setting and achieving your financial goals.

Watchlists — These can help you keep an eye on stocks, ETFs and/or mutual funds you've already invested in, or ones you want to learn more about. Find out more in Here's What a Watchlist Can Do For You.

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This article offers general information only and is not intended as legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. While information presented is believed to be factual and current, its accuracy is not guaranteed and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by RBC Ventures Inc. or its affiliates.

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